| Strong Market Fundamentals – The Coeur d’Alene MSA has grown more than 11% the past 5 years versus roughly 3-4% nationally |
| Idaho’s landlord friendly regulatory environment, absence of rent control, & pro business climate provide long term operational flexibility |
| Proximity to Lake Coeur d’Alene, the CDA Resort Golf Course, Tubbs Hill, the Centennial Trail, and Vantage Brewing supports continued tenant demand |
| Vacancy has declined over the past 5 quarters, and with no large projects underway, vacancy is expected to continue normalizing |
Jordan Lester, CCIM, MBA
SVN | Cornerstone